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Education Affiliates
Education Affiliates (EA) is an American parent company of private colleges, with its headquarters in Nottingham, Maryland. It has been an investment of JLL Partners since 2004. According to D&B Hoovers, EA has annual sales of $202 million.[citation needed] Education Affiliates owns approximately 50 campuses and learning centers.
Education Affiliates' schools include Fortis College and Fortis Institute, ASPE Training, All-State Career School, DriveCo CDL Learning Center, Saint Paul's School of Nursing, Georgia Driving Academy, and the Denver School of Nursing.
The Baltimore-based company was first incorporated in 1984 as The Marco Group, Inc. and changed its name to Education Affiliates Inc. in 2004.
In November 2004, JLL Partners, a New York-based private equity firm, paid $52 million for Baltimore-based Marco Group, which owned 10 vocational schools. In 2005, the Baltimore Business Journal reported on the "buying spree" that Education Affiliates was engaging in, with the financial support of JLL. Corinthian Colleges and Career Education Corporation were its larger competitors.
Since 2013, EA has faced declining enrollments and has closed some of its Fortis brand campuses.
Duncan M. Anderson is the CEO and co-founder of Education Affiliates. Stephen J. Budosh is the chief financial officer.
The schools are accredited by the Accrediting Commission of Career Schools and Colleges.
Denver College of Nursing is regionally accredited by the Higher Learning Commission. The school has program accreditation from Accreditation Commission for Education in Nursing, Inc.
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Education Affiliates
Education Affiliates (EA) is an American parent company of private colleges, with its headquarters in Nottingham, Maryland. It has been an investment of JLL Partners since 2004. According to D&B Hoovers, EA has annual sales of $202 million.[citation needed] Education Affiliates owns approximately 50 campuses and learning centers.
Education Affiliates' schools include Fortis College and Fortis Institute, ASPE Training, All-State Career School, DriveCo CDL Learning Center, Saint Paul's School of Nursing, Georgia Driving Academy, and the Denver School of Nursing.
The Baltimore-based company was first incorporated in 1984 as The Marco Group, Inc. and changed its name to Education Affiliates Inc. in 2004.
In November 2004, JLL Partners, a New York-based private equity firm, paid $52 million for Baltimore-based Marco Group, which owned 10 vocational schools. In 2005, the Baltimore Business Journal reported on the "buying spree" that Education Affiliates was engaging in, with the financial support of JLL. Corinthian Colleges and Career Education Corporation were its larger competitors.
Since 2013, EA has faced declining enrollments and has closed some of its Fortis brand campuses.
Duncan M. Anderson is the CEO and co-founder of Education Affiliates. Stephen J. Budosh is the chief financial officer.
The schools are accredited by the Accrediting Commission of Career Schools and Colleges.
Denver College of Nursing is regionally accredited by the Higher Learning Commission. The school has program accreditation from Accreditation Commission for Education in Nursing, Inc.